Lance Barton - 29 Oct 2021 Form 4 Insider Report for PLBY Group, Inc. (PLBY)

Role: Chief Financial Officer
Signature: /s/ Christopher Riley, as Attorney-in-Fact
Issuer symbol: PLBY
Transactions as of: 29 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2021, 20:09:39 UTC
Next filing: 22 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLBY	Common Stock	Award	$0	+168,570		$0.000000	168,570	29 Oct 2021	Direct	F1
transaction	PLBY	Common Stock	Award	$0	+528,187	+313%	$0.000000	696,757	29 Oct 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLBY	Non-qualified Stock Option (Right to Buy)	Award	$0	+148,342		$0.000000	148,342	29 Oct 2021	Common Stock	148,342	$28.08	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units that vests in three equal installments on each of the first three (3) anniversaries of the vesting start date (March 1, 2021).
F2	Represents a grant of performance-based restricted stock units that vests in four (4) equal tranches arising upon achievement of each of the following thirty (30) day volume-weighted average prices for a share of PLBY Group, Inc. common stock: $20, $30, $40 and $50; provided each such price is achieved on or prior to the seventh anniversary of the vesting start date (March 1, 2021).
F3	Represents stock options that vest over three years as follows: The first one-third (1/3) of the options shall vest on the first (1st) anniversary of the vesting start date (March 1, 2021), and the remaining two-thirds (2/3) shall vest in equal monthly installments over the twenty-four (24) months following March 1, 2022.